“GBP/JPY Trades Close to Support Level – Today’s Forecast (17 Oct 2025)”

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The GBP/JPY pair is currently lacking positive momentum, resulting in sideways, fluctuating movement as it hovers near the key support level at 201.70. This support is critical for determining the near-term trend—its hold suggests a potential bullish push targeting 202.55, with a possible extension toward the 203.85 resistance.

Conversely, a break and close below this support would trigger a bearish correction, potentially driving the pair lower toward 201.10 and then to the next support at 200.45.

Today’s expected trading range is between 201.70 and 203.00.

Trend forecast: Bullish

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